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20110731
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deliberately put us in debt with tax breaks, the wars in iraq and afghanistan. they have borrowed all of the money. grover norquist toll call them -- told all of them to not raise taxes under any reason, host: independent from utah. caller: thank you, c-span. our founding fathers would turn over in their graves if they found out how much money we are putting our children in the dead. but they never wanted the constitution to deal with that. guest: our current levels of debt are sustainable. they are high levels of debt, but as a percentage of gdp, it is a lot lower than greece. it is a lot lower than italy. within the last couple of days, we realize they have serious problems. i do not know if the free market and a particular vision of how high are debt would be relative to gdp. they are huge, relative to the wealth we have it. economies expand over time. we have recessions, we have lifts, and we have declines. over the long term, economies grow. our economy will be much larger 30 years from now than it is today. that does not mean we want fiscal problems or we will be able to balance
of the taliban on women and girls in afghanistan and she has since then focused on women's and girls issues related to the challenges in afghanistan. so it wasn't something that she intended to focus on when she went to the white house in 2001, but certainly the course of history changed all of that, and she has really immersed herself in finding a way to make a difference in women's and girls lives around the world, and she's taken the opportunity to speak all around the world to issues important to her and to the community. >> noriel rodriguez, i noticed at the nurenl palm desert, california that both ross lynn carter and cokie roberts talked about kind of the sisterhood of first ladies and all the first ladies that showed up and barbra bush will be there in grand rapids today. is there an informal sisterhood of some type among first ladies? >> i think there is. it's really a very small club. there atlanta many people who have the opportunity to serve as first lady, and betty ford and ross lynn carter became very close friends. betty ford was very helpful to rozz lynn carter in the trans
is going to count winding down the war in afghanistan as a substantial part of the savings. that could be worth about $1 trillion over 10 years. meanwhile, john boehner is working on his own deficit- reduction debt limit increase plan. he would take -- that plan would be affected in two stages. the first would be $900 trillion or so deficit reduction package, spending cuts, paired with roughly equal amount in debt limit increase. then he would empower a special committee to find an additional $1.60 trillion to authorize or trigger another increase in the debt ceiling. the problem with this proposal, however, it would require raising the debt ceiling by the requisite $2.40 trillion amount into the stages. that is something the president and democratic leaders after yesterday's said is a nonstarter. they say it would create too much uncertainty for the marketplace and the economy if this process had to be replaced at the beginning of next year or summer of next year. >> the house republicans made their own at last it with a cap and balance plan that did not make it to the senate. the pre
Search Results 0 to 2 of about 3